INTERNATIONAL PAYMENTS ONLINE – FEBRUARY 1999
Thomas Cook has launched its Internet-based international payments system to Australasia. Called Virtual Trading Desk (VTD) it provides real-time commercial foreign exchange over the Internet and facilitates payments from any Internet-ready computer.
It provides business customers online access to Thomas Cook’s commercial foreign exchange (CFX) service, which specialises in sending and receiving international payments for business.
Customers can send payments either by foreign currency draft or telegraphic transfer literally in seconds, with complete security and without needing to fill in any forms, or even pick up the phone. And once the button has been pressed, Thomas Cook processes and confirms the full cost of the transaction within two minutes by e-mail.
Virtual Trading Desk is Web-based and can be accessed from anywhere in the world via the Thomas Cook Web site at www.fx4business.com
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